workinninetofive Posted January 3, 2005 Report Share Posted January 3, 2005 Paying down balances is hard. But, am I better paying them down or increasing the limits, to decrease utilization? Link to comment Share on other sites More sharing options...
c m chase Posted January 4, 2005 Report Share Posted January 4, 2005 If you can get an increase, it'll help more in the long run....it'll bring down your utilization of all accounts. However, I'd recommend keep trying to pay down the balance at the same time. If you can get utilization to 5%, you're golden. Link to comment Share on other sites More sharing options...
edubb007 Posted January 6, 2005 Report Share Posted January 6, 2005 Both... Pay down than get a CLI. If you get a CLI you might go after the available. I would try to get a firm grasp on the balance before going ahead for the CLI. Also remember some creditors will pull credit and if you go to 5-6 OC's for CLI's they might have an even more detrimental score effect.Good Luck! Link to comment Share on other sites More sharing options...
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